IRS Form 941, also known as the Employer's Quarterly Federal Tax Return, is used when businesses report the income taxes, payroll taxes, Social Security, and Medicare taxes withheld from their ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Lea Uradu, J.D., is a Maryland state registered tax preparer, state-certified notary ...

Thousands of families in the United States stand to benefit from the IRS, a significant tax relief that can reduce your tax ...

The Child Tax Credit (CTC) offers financial relief to families with qualifying children. Even if you don't regularly file a ...

When you fill out your 1040 form, as most taxpayers will do, you will also complete the Schedule 8812, in which you enter ...

Simple Form 1040 returns only (no schedules except for earned income tax credit, child tax credit and student loan interest). TurboTax reports that 37% of files qualify for the free edition.

A simple return is typically prepared using IRS Form 1040, with income from a single source. Other aspects of a simple return include: W-2 income You are reporting limited interest and dividend ...

Stock image/file photo: An IRS tax form with U.S. Dollars. Stock image/file photo: An IRS tax form with U.S. Dollars. GETTY ...

An IRS Form 1095 will give you proof of health insurance for your taxes. No, you no longer need to prove you have health insurance on your federal tax returns. This change happened in 2019 when ...

Thomas is a native of upstate New York and a graduate of the University at Albany. As a member of CNET's How To team, he writes about the intersection of policy, information and technology, and ...

2️⃣ Include the dependent’s SSN, ITIN, or ATIN on your Form 1040 tax return. 3️⃣ Attach Schedule 8812, “Credits for Qualifying Children and Other Dependents,” to properly claim the credit. 4️⃣ Ensure ...